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Dec 13, 2012
12/12
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. >> the one that stood out know the republicans is uncompromising, you my the fiscal cliff debate. the republican party is the one not willing to compromise as much and polls shown that to be the case, republicans don't have the upper hand in this five. now, of course, both sides need to come to -- >> i think we just had a technical problem and mark was live, that was not a tape of mark. not sure why we had that max headroom moment. >>> a new piece in the daily beast makes the argument that some republicans are dumping their own party. part of it is the quote from the article is while imagine joifrts rank and file republicans express pretty reasonable opinions about most of the great questions of the moment, their representatives in washington are ignoring them and instead striving to please the more extreme minority. we had this word cloud up, words, bad, weak, negative, uncompromising, need work together. that fits a lot into perhaps what you have addressed in your piece? >> yeah, exactly the same thing. they reinforce each other. it was interesting to hear mark murray saying tha
. >> the one that stood out know the republicans is uncompromising, you my the fiscal cliff debate. the republican party is the one not willing to compromise as much and polls shown that to be the case, republicans don't have the upper hand in this five. now, of course, both sides need to come to -- >> i think we just had a technical problem and mark was live, that was not a tape of mark. not sure why we had that max headroom moment. >>> a new piece in the daily beast makes...
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Nov 14, 2012
11/12
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FBC
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at will happen if thereis mess or no fiscal cliff, kely oil prices will remain 70 to $90 a barrel espeally with all the news coming out with.s. production is booming. it will be a weight on oil price. >> i'm fishing here desperately for a piece of something good. is the gas crisis in new york and new jersey and long island, is that over? >> you know, that'soming to a close. we're seeing traffic o our website in response to finding gas go down significantly. last time i checked yesterday 41% of stations now had gas. that was up from 24% just friday. so the situation there is slowly coming to an end and hopefully by thanksgiving new yorkers will start to see lower prices. melissa: slowly getting better. i'm going to hang my hat on that one. there you go. i'm going to quit while i'm ahead which i'm not. i will get out of her >> thank you. melissa: obviously not only oil and gas prices affected by greece's latest financialal problems. we've been folling this situation closely on "money" because it could have a huge impact on our economy if greece can't survive until they get the next round of
at will happen if thereis mess or no fiscal cliff, kely oil prices will remain 70 to $90 a barrel espeally with all the news coming out with.s. production is booming. it will be a weight on oil price. >> i'm fishing here desperately for a piece of something good. is the gas crisis in new york and new jersey and long island, is that over? >> you know, that'soming to a close. we're seeing traffic o our website in response to finding gas go down significantly. last time i checked...
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Dec 4, 2012
12/12
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CNBC
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where are the jobs now, who is creating them in the face of the fiscal cliff? there are some surprising answers here and we have got them for you. [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chas we are gathered here today to celebrate the union of tim and laura. it's amazing how appreciative people are when you tell them they could save a lot of money on their car in
where are the jobs now, who is creating them in the face of the fiscal cliff? there are some surprising answers here and we have got them for you. [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't...
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Jul 22, 2012
07/12
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CNNW
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i don't think anyone would like us to go over the fiscal cliff. why is this problem not getting solved? >> the honest part of this is everyone's got to give something up. when you have tax reform. some people give up some of their retirement benefits -- i don't even know what's all on the table to give up but no one wants to give anything up. in a way it is like america is living the me more now bubble era. no one wants to pay for what we've already spent. >> i reject your premise. fiscal cliff will be avoided. calvin coolidge said if you see ten problems coming at you, chances are if you stand still, nine will fall in the ditch. in the meantime, while we're putting it off until december, will it havegativeconomic ef eep playing asteroids, we'll never focus on the long-term problem, the entitlement reform -- >> bill gross is the smart money on this, he deals with the people who buy the bond. christine could be right, i could be right, but ultimately the bet is made in the world in which bill operates. >> i think the long-term is the threat, ali, i
i don't think anyone would like us to go over the fiscal cliff. why is this problem not getting solved? >> the honest part of this is everyone's got to give something up. when you have tax reform. some people give up some of their retirement benefits -- i don't even know what's all on the table to give up but no one wants to give anything up. in a way it is like america is living the me more now bubble era. no one wants to pay for what we've already spent. >> i reject your premise....
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Nov 9, 2012
11/12
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. >> this fiscal cliff thing, he can talk all he wants, but those rates go up if they do nothing. >> they don't have many cards to play. poor john boehner who has the worst job is forced to do this fan dance. the day after the election is intimate that is they can come to the table and strike a bargain but has to shuffle back and keep him in the house and whipped by the gop which is to say say, chastised that this may be tax increased i am of the mibd that there is a big conversation as to where they go from here. and i have a hope that they understand if they are going to survive past 2016 they need to make serious changes not just in terms of having a brown person on stage but really a cultural shift within the party and that includes being able to bargain and putting a plan on the table. >> it couldn't have gotten worse in january there will be more democratic members of the house of representatives. i don't see any reason for the president and the democrats not to wait until january op n doing anything on this. i'm with you 1,000 percent on the off the cliff strategy. we have to
. >> this fiscal cliff thing, he can talk all he wants, but those rates go up if they do nothing. >> they don't have many cards to play. poor john boehner who has the worst job is forced to do this fan dance. the day after the election is intimate that is they can come to the table and strike a bargain but has to shuffle back and keep him in the house and whipped by the gop which is to say say, chastised that this may be tax increased i am of the mibd that there is a big...
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Jul 21, 2012
07/12
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i don't think there is anyone that would like us to go over the fiscal cliff. why is this problem not getting solved? >> you have to give something up. some people are going to give something up. some people could give up mortgage interest deduction. sh could give up some of their retirement benefits. i don't even know what is all on the table to give up. no one wants to give anything up. in a way, it's almost like america is living the me more now bubbler are a. no one wants to pay for what we've already spent. >> well, okay. >> i reject your premise. the fiscal cliff will be avoided. calvin coolage said if you see ten problems coming down the road, odds are if you stand still, nine will fall in the ditch. the fiscal cliff is going to fall in the ditch. why will it get sol snved? the obvious of the need for it to be solved. i will visit economic effects? yes. but if we keep playing agency troid asteroi asteroids, we'll never focus on the long term problem which is that entitlement reform, that tax reform that so necessary. >> bill gross is the smart money on.
i don't think there is anyone that would like us to go over the fiscal cliff. why is this problem not getting solved? >> you have to give something up. some people are going to give something up. some people could give up mortgage interest deduction. sh could give up some of their retirement benefits. i don't even know what is all on the table to give up. no one wants to give anything up. in a way, it's almost like america is living the me more now bubbler are a. no one wants to pay for...
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Nov 11, 2012
11/12
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CNN
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now that the election is over, the fiscal cliff is finally getting some love. it's an economic storm of our own making that could trigger another recession and kill up to a million jobs next year if congress and the president don't act. i'm ali velshi. this is "your money." the elections are over. the american people have spoken. now it's time for washington to get to work. >> you elected us to focus on your jobs, not ours. >> that's because nothing is more important to our economic recovery than creating jobs. president obama says he'll add 12 million jobs over the next four years. but for his math to work, the pace of economic growth needs to pick up. with a crisis in europe and a slowdown in asia, an economic storm beyond our control stands ready to batter our shores. still, two years of consistent job growth prove we are heading in the right direction, but the fiscal cliff is one storm that will be of our own making unless washington acts. $7 trillion in across-the-board tax hikes and spending cuts over the next decade mandated to begin in january. it's the
now that the election is over, the fiscal cliff is finally getting some love. it's an economic storm of our own making that could trigger another recession and kill up to a million jobs next year if congress and the president don't act. i'm ali velshi. this is "your money." the elections are over. the american people have spoken. now it's time for washington to get to work. >> you elected us to focus on your jobs, not ours. >> that's because nothing is more important to...
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Dec 13, 2012
12/12
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obama care taxes or for that matter the fiscal cliff tax hikes that are coming. let's faulk about this. we have igor volsky and guy benson. guy benson, i am glad they have won't up to this lousy medical device tax but did someone say minnesota where, wait, medtronic and st. jude medical are the biggest companies? they're the ones that make the equipment? and senator klobuchar and senator al franken are all of a sudden making a beef because it's in their state? where they been, guy benson, and when did they discover that taxes are job kimmers? >> i thought that wasn't the case at all. you're right. they didn't just wake up to this. let's be completely honest about what happened here. they knew all along that the medical device tax was not just a job killer but would really stifle medical innovation. we've heard this from people across the spectrum. the people involved in this industry who are making america the leader when it comes to world medical innovation, they're saying this is really going to put a crimp in what we're able to accomplish. now at the last minu
obama care taxes or for that matter the fiscal cliff tax hikes that are coming. let's faulk about this. we have igor volsky and guy benson. guy benson, i am glad they have won't up to this lousy medical device tax but did someone say minnesota where, wait, medtronic and st. jude medical are the biggest companies? they're the ones that make the equipment? and senator klobuchar and senator al franken are all of a sudden making a beef because it's in their state? where they been, guy benson, and...
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Dec 8, 2012
12/12
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back and do need manufacturing jobs back and if congress gets past the fiscal cliff what you're going to start to see is there's been a groundwork laid for an economic renaissance in the united states, gas prices, natural gas prices have come down because we're finding so much of it and producing more oil. know there's a housing boom and there's been a resurgence in manufacturing. now the problem with manufacturing is not creating as many jobs. more manufacturing output but those are the areas we can concentrate on, energy, manufacturing and housing to create more jobs, and that's already kind of happening. government can only stand in the way of this right now by not getting the fiscal house in order. >> that's what's so important here because you want to see things looking forward, grow better than we have this year, the fiscal cliff in the way. republicans say if you raise taxes on the top 2% that will hurt small business and will kill jobs. talked to the ceo of fedex and he says, shall we say, there's mythology around that assumption. listen. >> the reality is the vast majority of
back and do need manufacturing jobs back and if congress gets past the fiscal cliff what you're going to start to see is there's been a groundwork laid for an economic renaissance in the united states, gas prices, natural gas prices have come down because we're finding so much of it and producing more oil. know there's a housing boom and there's been a resurgence in manufacturing. now the problem with manufacturing is not creating as many jobs. more manufacturing output but those are the areas...
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Nov 9, 2012
11/12
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both men men want the fiscal cliff not to happen because they want a recession not to happen next year. the truth is, as that article says, the president does have a lot of cards. he campaigned every day on the idea of not letting those tax increases go. so he absolutely will stay very firm about that because he feels he has a mandate. >> lynn, as someone that covers the white house, i wonder, we're going to see the president speak in a few minutes later on this hour, he is newly energized because of the election but if he looks at the makeup of the senate, it was a complete -- it's a bonus round if any, if there ever was one, there is i think a new sense of power among the democratic caucus in terms of what they can do, independent of even the reality of the fiscal cliff and the fact they can basically let the country go off and bring the republicans weakened back to the dealmaking table. >> that's a possibility. here's a few reasons why the white house is in good shape even though it's still -- you still have to get the house on board to get something done. the obama army is still ou
both men men want the fiscal cliff not to happen because they want a recession not to happen next year. the truth is, as that article says, the president does have a lot of cards. he campaigned every day on the idea of not letting those tax increases go. so he absolutely will stay very firm about that because he feels he has a mandate. >> lynn, as someone that covers the white house, i wonder, we're going to see the president speak in a few minutes later on this hour, he is newly...
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Oct 1, 2012
10/12
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i want to talk about the fiscal cliff and the debt. the simpson-bowles commission which has gotten so much discussion across the country, they came up with the plan that said, look. we have to cut $4 trillion of the debt. here is how we are going to do it. if we will cut spending, but we're also going to deal with the tax code. more people should pay taxes, they say. we should eliminate some of these exemptions and deductions. we will get $1 trillion from them and in the process of doing that, we're going to lower rates for everybody and about 10% of that we will pay down the debt. why is that not a common why is that not a common-sense solution? >> the evidence by what i have done, i will keep an open mind so we can get something done, because the president commission that study and then give a speech and did not do anything on that. we have not had a budget in the senate for four years. we need to get our house in order. >> is this an appropriate approach if you get that kind of trade-off? >> problem is every time in washington, peop
i want to talk about the fiscal cliff and the debt. the simpson-bowles commission which has gotten so much discussion across the country, they came up with the plan that said, look. we have to cut $4 trillion of the debt. here is how we are going to do it. if we will cut spending, but we're also going to deal with the tax code. more people should pay taxes, they say. we should eliminate some of these exemptions and deductions. we will get $1 trillion from them and in the process of doing that,...
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Nov 10, 2012
11/12
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eefr t over the fiscal cliff and he's not even elected. [ abdul-rashid ] i've been working since i was about 16. you know, one job or the other. the moment i could access the retirement plan, i just became firm about it -- you know, it's like it just hits you fast. you know, you start thinking about what's really important here. ♪ >>> if the u.s. falls over the fiscal cliff, 88% of american households will see their taxes go up. you would think that republicans in congress who signed this pledge to not raise taxes would be tripping over themselves to solve the problem but they can't. i'll go one-on-one with the biggest impediment to compromise in washington back in 90 seconds. >>> the most immediate threat facing the united states is the fiscal cliff and the election results did nothing to change the balance of power that we have seen in washington in the last two years. a democratic president now re-elected calling for taxes on the richest americans to rise. a republican controlled house of representatives that opposes any increase in tax rates and a democratic senate caught in the
eefr t over the fiscal cliff and he's not even elected. [ abdul-rashid ] i've been working since i was about 16. you know, one job or the other. the moment i could access the retirement plan, i just became firm about it -- you know, it's like it just hits you fast. you know, you start thinking about what's really important here. ♪ >>> if the u.s. falls over the fiscal cliff, 88% of american households will see their taxes go up. you would think that republicans in congress who signed...
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Nov 7, 2012
11/12
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i basically mean the fiscal cliff is a real problem and i agree with a lot of what jim had to say about china sort of bottoming or showing signs of stabilization, about the u.s. looking good on a relative basis. about let's be clear. i know jim agrees with this. the fiscal cliff is a major problem. our base case scenario now is that we go over the cliff. >> that's your base -- let me highlight that. that is your base case scenario now. so if we get a fix, that would be a cherry on top. that would be your good news. >> certainly. but let's remember two things. the first of which is a lot of people look at the cliff purely through an intelligence spectrum. what i mean by that is clients are fond to say -- fond of safing they're not that dumb to let this happen and i often argue, well, no, i think they might be that dumb. but from a legislative standpoint, there is a lot of reasons to think that going over the cliff, whether for one day or three weeks, works to washington's advantage. and i don't think at least the people that i've been meeting with fully factor in the benefits that are pr
i basically mean the fiscal cliff is a real problem and i agree with a lot of what jim had to say about china sort of bottoming or showing signs of stabilization, about the u.s. looking good on a relative basis. about let's be clear. i know jim agrees with this. the fiscal cliff is a major problem. our base case scenario now is that we go over the cliff. >> that's your base -- let me highlight that. that is your base case scenario now. so if we get a fix, that would be a cherry on top....
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Dec 24, 2012
12/12
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there's some political pressure going on and essentially as they're having this fiscal cliff negotiations. >> ifill: governor abercrombie is slam dunk that colleen who is on the dying man's lips practically gets this job or other people still trying to figure a way in? >> what's going to happen this week is the hawaii democratic state central committee will meet. and they're going to give, according to state law, the governor three names of people who he could appoint to the seat. as long as colleen makes that list and is looking very, very likely that she will, the governor will most likely appoint her. it would be very difficult for governor to ignore such a legend as daniel's last and final tower appoint this word. >> ifill: others that we want to talk about, nothing to do with tragic loss or with dramatic promotion, just old fashioned politics, in south carolina christina, jim demit decided to quit. the governor appointed tim scott. >> which is very interesting first african american senator to represent this state for south carolina. and his seat, he will vacate that as early as janu
there's some political pressure going on and essentially as they're having this fiscal cliff negotiations. >> ifill: governor abercrombie is slam dunk that colleen who is on the dying man's lips practically gets this job or other people still trying to figure a way in? >> what's going to happen this week is the hawaii democratic state central committee will meet. and they're going to give, according to state law, the governor three names of people who he could appoint to the seat....
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Nov 7, 2012
11/12
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you have the fiscal cliff. they're going to want to get a deal on that and taxes. they're really going to have to get a deal very quickly, i think, on immigration reform. because the longer this hangs over the head of republicans, the harder for them to make inroads with the hispanic community. >> we saw with the president winning 93% of black voters, 71% of latinos. and also married women and young voters. mitt romney 78% of white evangelicals. ron, i want to ask you. the party going forward really needs to shake this off, regroup. but if they are the party of smaller government and less taxes, how do they get back on that narrative and what needs to be done in people's bedrooms? >> they've got a big problem, the republican does. they have a sizable chunk of their base as john was saying that just aren't amenable to compromise. these are people wait out there. the problem for republicans is that that sizable chunk of their base scares the majority of americans. majority of americans don't want scalia in their bedroom. they believe as they said in the exit polling,
you have the fiscal cliff. they're going to want to get a deal on that and taxes. they're really going to have to get a deal very quickly, i think, on immigration reform. because the longer this hangs over the head of republicans, the harder for them to make inroads with the hispanic community. >> we saw with the president winning 93% of black voters, 71% of latinos. and also married women and young voters. mitt romney 78% of white evangelicals. ron, i want to ask you. the party going...
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Jul 17, 2012
07/12
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cliff, a shallow recession could occur early next year and about one and a quarter million fewer jobs would be created in 2013. >> with me now is former georgia senator, democratic senator sam nunn, who is part of a committee for responsible federal budget which is launching a new effort to find a long-term budget agreement. welcome. it is so good to see you. thanks so much for being here. are you talking about the simpson-bowles or rivlin-domenici approach to this? why do you want to get the conversation started now? everyone is talking about nothing being done until after the election. >> number one, we have a very fragile global economy. number two, we have a fragile u.s. economy. number three, neither party in my view has a governing strategy. they have a political strategy. that's apparent every day. but a governing strategy in fiscal terms is something different. number four, neither party can basically impose its will on the country and on the other party so it's going to take cooperation. as i see this coalition, committee for responsible budget, we have csis involved, we have
cliff, a shallow recession could occur early next year and about one and a quarter million fewer jobs would be created in 2013. >> with me now is former georgia senator, democratic senator sam nunn, who is part of a committee for responsible federal budget which is launching a new effort to find a long-term budget agreement. welcome. it is so good to see you. thanks so much for being here. are you talking about the simpson-bowles or rivlin-domenici approach to this? why do you want to get...
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Nov 30, 2012
11/12
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solving the fiscal cliff in a manner that addresses the true drivers of our debt and saves american jobs is a great way for the president to start his second term. and for the good of our country, and my colleagues, we're ready to work with the president to achieve those goals. >> mr. speaker, couple things. first, on the issue of tax rates, are you willing to accept no deal that includes some increase in those top tax rates? and i'm also wondering what our final deadline is on this? when do we really have to have a deal? >> increasing tax rates draws money away from our economy that needs to be invested in our economy to put the american people back to work. it's the wrong approach. we're willing to put revenues on the table, but revenues that come from closing loopholes, getting rid of special interest deductions, and not raising rates. we think it's better for the economy. pure and simple. secondly, the american people expect us to find common ground, to work together, and to resolve this. and frankly, sooner is better than later. >> you've been doing this for a long time. the past 24
solving the fiscal cliff in a manner that addresses the true drivers of our debt and saves american jobs is a great way for the president to start his second term. and for the good of our country, and my colleagues, we're ready to work with the president to achieve those goals. >> mr. speaker, couple things. first, on the issue of tax rates, are you willing to accept no deal that includes some increase in those top tax rates? and i'm also wondering what our final deadline is on this? when...
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Nov 9, 2012
11/12
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i propose we avert the fiscal cliff together in a manner that we insure that 2013 is the year that our government comes to grips with the problems facing this bringing jobs home, resulting in a stronger, -- facing us. bringing jobs home, results and a stronger economy, more revenue, which is what the president is seeking. this framework can lead to a common ground, and i hope the president responds in the same spirit. as i said wednesday, this is an opportunity for the president to lead, engage the congress, and work to a solution that can pass both chambers. earlier this week, we have a short conversation. it was cordial. we both understand tried to find a way to avert the fiscal cliff is important for our country, and i am hopeful productive conversations can begin soon so that we can forge an agreement that can pass congress. with that, i will be happy to answer some questions. [indiscernible] >> if you start talking about some of this revenue, did think he will see the same problems when you start to talk about these issues? >> when the president have i -- and i have been able to c
i propose we avert the fiscal cliff together in a manner that we insure that 2013 is the year that our government comes to grips with the problems facing this bringing jobs home, resulting in a stronger, -- facing us. bringing jobs home, results and a stronger economy, more revenue, which is what the president is seeking. this framework can lead to a common ground, and i hope the president responds in the same spirit. as i said wednesday, this is an opportunity for the president to lead, engage...
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be on coming fiscal cliff. we saw some signs of weakness and a lot of reports have been weak. today's unemployment report and mfg. i s m which had strong employment components. i thought we would have 100,000 jobs below consensus now looking for 130,000 jobs and unemployment rate that is steady. no real deterioration. stuart: more of the same. former president clinton called for president obama need four more years to finish the job. if we gave the president four more years and he put in place the policies he says he is going to put in place what whave a robust dynamic return to prosperity. >> i don't see how that is possible. the characteristic of obama's policies is massive national debt. the history that countries burdened with this debt do not grow rapidly and face prospect of a financial crisis. his solution is higher marginal tax rates which are exceedingly detrimental to economic growth and i think that policy is toxic for economic growth. we have to take a different tack and follow the lesson of his own fiscal commission of lower marginal rates and broaden the base and
be on coming fiscal cliff. we saw some signs of weakness and a lot of reports have been weak. today's unemployment report and mfg. i s m which had strong employment components. i thought we would have 100,000 jobs below consensus now looking for 130,000 jobs and unemployment rate that is steady. no real deterioration. stuart: more of the same. former president clinton called for president obama need four more years to finish the job. if we gave the president four more years and he put in place...
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Nov 11, 2012
11/12
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i see it in republicans worried about the so-called fiscal cliff, worrying about the taxes going up and spending cuts happening the same time. it will cause a massive recession. we were all, to quote president nixon, we are all -- people united behind a model that says government has to get us growing. >> i think there were consequences. one way to interpret what happened in the house of representatives, they were sent to do nothing. the reality is the redistricting process did lead to artificial results. as you pointed out earlier, the majority of the american people -- >> a slim majority. >> the president won pennsylvania by five points. 18 members of congress in pennsylvania, 13 will be republicans. that's because the pennsylvania republican party coming out of the 2010 election controlled the redistricting process. >> this is the key point. the wave of in the house in 2010 was at the state house level. they were dominated by republicans. you said something i think is important. was this a referendum on tax hikes for the wealthiest? i think there's one thing argued, it was that. i wa
i see it in republicans worried about the so-called fiscal cliff, worrying about the taxes going up and spending cuts happening the same time. it will cause a massive recession. we were all, to quote president nixon, we are all -- people united behind a model that says government has to get us growing. >> i think there were consequences. one way to interpret what happened in the house of representatives, they were sent to do nothing. the reality is the redistricting process did lead to...
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Dec 28, 2012
12/12
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. >> most lawmakers are now trying to avoid the fiscal cliff. 14i7ers meanwhile are trying to vied a strike at more than a dozen ports. we're talking about 14,000 longshoremen would walk off their job when the contract expires on december 0th. sunday, i think, isn't it? the biggest issue is on container royalties which are paid to union workers. they get part of it based on the weight of the cargo. a strike could hurt exports, factories, also it would affect retailers who are awaiting shipments of spring merchandise. now it's important. we're going to go to today's national weather forecast. last year, reynolds, you would come on, you would try and make it interesting. but it wasn't. this year, it's every day we need to, you know, dvr you because there's a lot going on. >> oh, that's certainly the case. it's been really like an assembly line. one storm system after another rolling across the continent that has been affecting millions of americans. what we're seeing is that last storm that we call euclid now leaving the u.s. and bringing residual snow showers behind the east. right be
. >> most lawmakers are now trying to avoid the fiscal cliff. 14i7ers meanwhile are trying to vied a strike at more than a dozen ports. we're talking about 14,000 longshoremen would walk off their job when the contract expires on december 0th. sunday, i think, isn't it? the biggest issue is on container royalties which are paid to union workers. they get part of it based on the weight of the cargo. a strike could hurt exports, factories, also it would affect retailers who are awaiting...
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Nov 30, 2012
11/12
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FBC
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private sector jobs but going over the fiscal cliff could very well derails this massive growth engine and stahl research of potential life-saving drugs. i sat down with two of the top mined in the country, mike milliken of the milken institute and dr. francis collins, director of the national institutes of health and asked how damaging a hit this industry would take if we don't get our fiscal house in order. >> the office of management and budget estimates that would lose $2.5 billion of research money on january 2nd. of we go over the cliff that is a.2% of our budget. with investigators who come was with their best ideas already having only one chance in six of getting funded could eat get even worse. and i would fear at that point that young scientist may give up the opportunity to do this or move to a country where they are better supported. the stakes are very high for medical research in the next few weeks. >> i think this is an important issue for the american people. we made significant incremental investment of $200 billion between 1998 and today. we are the dawn of an entire
private sector jobs but going over the fiscal cliff could very well derails this massive growth engine and stahl research of potential life-saving drugs. i sat down with two of the top mined in the country, mike milliken of the milken institute and dr. francis collins, director of the national institutes of health and asked how damaging a hit this industry would take if we don't get our fiscal house in order. >> the office of management and budget estimates that would lose $2.5 billion of...
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Oct 2, 2012
10/12
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CSPAN
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i want to talk about the fiscal cliff and the debt. the simpson-bowles commission which has gotten so much discussion across the country, they came up with the plan that said, look. we have to cut $4 trillion of the debt. here is how we are going to do it. if we will cut spending, but we're also going to deal with the tax code. more people should pay taxes, they say. we should eliminate some of these exemptions and deductions. we will get $1 trillion from them and in the process of doing that, we're going to lower rates for everybody and about 10% of that we will pay down the debt. why is that not a common sense, practical solution? you have not said if you will vote down. >> these are bills -- we have a lot of great ideas. but we cannot get them to the floor. >> i think evidence, we keep an open mind. we work with anybody of good will down there to make sure that we can get something done. as in a the president commission that studied. and you put a budget and did not do anything on that. we have not had a budget in the senate for fou
i want to talk about the fiscal cliff and the debt. the simpson-bowles commission which has gotten so much discussion across the country, they came up with the plan that said, look. we have to cut $4 trillion of the debt. here is how we are going to do it. if we will cut spending, but we're also going to deal with the tax code. more people should pay taxes, they say. we should eliminate some of these exemptions and deductions. we will get $1 trillion from them and in the process of doing that,...
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Oct 1, 2012
10/12
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CSPAN
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eye 220
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my opponent voted for the fiscal cliff. she says she is against it now. she voted for it. let's go after our own energy. natural energy. let's go after the pipeline. we can do a lot. 10,000 jobs directly. 100,000 indirectly. there are a lot of things we can do that we have to repeal this new health care bill that is killing the middle class. i hope we get a chance to talk more about that. >> we have time for another question. it will be directed to congresswoman berkeley. >> both of you had stood tall for veterans during the campaign. many are concerned about looming defense cuts. if they come, how can you make sure nv's air force base, naval force base and, all economic engines for those communities, stay viable pieces of nevada? >> look, every generation, our nation calls upon men and women to go and fight for us. they sacrifice a great deal, they risk their lives, and when they come back, we need to make sure we provide these veterans with the benefits we promised them. that is why i was so proud to be able to help build the hospital, the brand-new hospital in nevada. i
my opponent voted for the fiscal cliff. she says she is against it now. she voted for it. let's go after our own energy. natural energy. let's go after the pipeline. we can do a lot. 10,000 jobs directly. 100,000 indirectly. there are a lot of things we can do that we have to repeal this new health care bill that is killing the middle class. i hope we get a chance to talk more about that. >> we have time for another question. it will be directed to congresswoman berkeley. >> both of...
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Aug 22, 2012
08/12
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FOXNEWS
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eye 129
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if we go on with policies that are in place now, if we go over that fiscal cliff on january 1, that is what you say, megyn, we go to a recession. we will lose more than 1 million jobs. there is no agreement on either side of the aisle on exactly what we should do, and we are headed straight towards the fiscal cliff. if we go over the cliff and into the recession that the cbo is talking about, our debt situation gets even worse. because if you go into recession, the treasury takes and a lot less money. and we would have a bigger deficit. debt and deficits, at the heart of this problem. that is what we need. nobody has a plan, they have plans, but they are completing plans on what exactly to do. megyn: we have some more moderate folks, like the one gentleman who has come out and said, even though i like barack obama, at least the romney-ryan ticket has a plan for revising medicare and doing something honest. but it is a plan that a lot of people don't like. no party has shown a lot of courage in tackling this issue. let me ask you this, how to think it's a bad? barack obama has taken hea
if we go on with policies that are in place now, if we go over that fiscal cliff on january 1, that is what you say, megyn, we go to a recession. we will lose more than 1 million jobs. there is no agreement on either side of the aisle on exactly what we should do, and we are headed straight towards the fiscal cliff. if we go over the cliff and into the recession that the cbo is talking about, our debt situation gets even worse. because if you go into recession, the treasury takes and a lot less...
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Nov 7, 2012
11/12
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WJLA
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. >> if we go off the fiscal cliff, the metro area will slam into sequestration mandatory massive cuts in military and civilian spending. this contractor for a livelihood could be on the chopping block. >> it will affect my job and by business. >> another advocate for sequestration -- tax increases. >> any increase in taxes will make it more difficult to pay mortgage, take care of the family. >> the metro area will feel the sting from the fall off the fiscal cliff more than any other part of the country since the lion's share of spending cuts will be enacted here. >> it will cost of about 60,000 federal jobs right out the top. >> this economist says the reduction in spending will spread across the local economy. >> subcontractors, suppliers vendors, all the supply chain business which is important to northern virginia and suburban maryland is beginning to erode. >> greg is hopeful that congress and the white house will forge a budget deal. >> i think they will eventually prevail. they will be experiencing it along with their families, too. >> there are a economists to do say that it is
. >> if we go off the fiscal cliff, the metro area will slam into sequestration mandatory massive cuts in military and civilian spending. this contractor for a livelihood could be on the chopping block. >> it will affect my job and by business. >> another advocate for sequestration -- tax increases. >> any increase in taxes will make it more difficult to pay mortgage, take care of the family. >> the metro area will feel the sting from the fall off the fiscal cliff...
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Nov 8, 2012
11/12
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WJLA
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eye 148
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the first job will be to avoid the fiscal cliff at the beginning of next year. both sides hoping to reach a deal to prevent spending cuts that could plunge the economy back into recession potentially losing thousands of jobs. >>grace, who was a candidate and a ward 6 he saw one for signs near a polling place. he picked it up and try to give it to her ticket to the polling area. he said that is when she knocked him to the ground. she was a arrested on assault charges. we are looking at 40 degrees on this thursday. >> del ahead, the latest on a powerful earthquake that left dozens how you doing? alright, alright. now this is a party. what is that? go, go, go. mmm. ge me some of that sauce. i don't know i think i might bail. yeah it's pretty dead. [ male announcer ] one is never enough. new kfc dip'ems. freshlydprepared tenders dipped in irresistible sauces. this is it. nothis is a party. [ male announcer ] try a 20 pc bucket with 6 sauces. today tastes so good. >> 42 degrees in washington d.c.. kind of a blustery day ahead. things will be looking better and better
the first job will be to avoid the fiscal cliff at the beginning of next year. both sides hoping to reach a deal to prevent spending cuts that could plunge the economy back into recession potentially losing thousands of jobs. >>grace, who was a candidate and a ward 6 he saw one for signs near a polling place. he picked it up and try to give it to her ticket to the polling area. he said that is when she knocked him to the ground. she was a arrested on assault charges. we are looking at 40...
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cliff and two million people lose jobs. you do the math. >> coming up tonight? gerri: i thought the election is over and the lot of ceos, once we get some answers about where the country is headed we will think about expanding and adding people. we have some ceos to ask that question, are you changing your ears? because we have somebody in the white house for another four years. ashley: a clearer picture. don't forget the report at 6:00 eastern time on the fox business network. thank you. tracy: i will be curious to see if they will hire part-timers. coming of a major win for samsung and the smart phone war with apple. we have details next. ashley: apple stock heading lower. let's take a look at those ten year treasuries. the ten year yield falling 10.6% down five basis points. the price going up. also coming down the yield that six basis points at 2.77%. we will be right back. lori: i am lori rothman. the selloff on wall street continues for the second straight day. investors are concerned about the looming fiscal cliff. t
cliff and two million people lose jobs. you do the math. >> coming up tonight? gerri: i thought the election is over and the lot of ceos, once we get some answers about where the country is headed we will think about expanding and adding people. we have some ceos to ask that question, are you changing your ears? because we have somebody in the white house for another four years. ashley: a clearer picture. don't forget the report at 6:00 eastern time on the fox business network. thank you....
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Oct 26, 2012
10/12
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MSNBCW
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this year due to the fiscal cliff even though it's still two months away. they are betting congress won't act in time so they are cutting back on spending. that could cost the economy six million jobs by 2014. >>> bank of america is one of nine banks being subpoenaed over manipulation. microsoft's surface tablet hits stores today. starting price? $499. retailers are already running low on the holiday season's hottest toys thanks to a surge in lay aways. the leap pad 2 and hot wheels are popular choices. >>> tom hanks unleashes a big one. >>> plus some scary moments as a sering line drive nails doug fister right in the head. sports is next. you're watching "first look" on msnbc. in america today we're running out of a vital resource we need to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's ready with the know how we need f
this year due to the fiscal cliff even though it's still two months away. they are betting congress won't act in time so they are cutting back on spending. that could cost the economy six million jobs by 2014. >>> bank of america is one of nine banks being subpoenaed over manipulation. microsoft's surface tablet hits stores today. starting price? $499. retailers are already running low on the holiday season's hottest toys thanks to a surge in lay aways. the leap pad 2 and hot wheels...
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Nov 16, 2012
11/12
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WTTG
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eye 139
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that we're creating jobs. >> reporter: the fiscal cliff is a combination of tax cuts that expire at the end of the year, and spending cuts that kick in on day one of next year. >> to show our seriousness, we have put revenue on the table. as long as it's a companied by significant spending cuts. >> reporter: the automatic spending cuts total $1.2 trillion in two years, half of the defense spending. >> without exception believe we're in the dilemma we're in because we tax too little but because we spend too much. >> reporter: on taxes, president obama wants rates increased on those making more than $250,000, while republicans have previously insisted that that is a non- starter. if there is no deal, income tax rates increase 3 to 5% across all tax brackets. if the payroll tax holiday ends, the social security tax rate goes back to 6.2%, an additional $1,000 for someone making about $50,000 a year. >> we're both going to have to give up some of the things that we know are a problem. >> reporter: an optimistic tone prevails. >> i feel confident that a solution might be in sight. >> reporte
that we're creating jobs. >> reporter: the fiscal cliff is a combination of tax cuts that expire at the end of the year, and spending cuts that kick in on day one of next year. >> to show our seriousness, we have put revenue on the table. as long as it's a companied by significant spending cuts. >> reporter: the automatic spending cuts total $1.2 trillion in two years, half of the defense spending. >> without exception believe we're in the dilemma we're in because we tax...
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Nov 12, 2012
11/12
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CURRENT
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fiscal cliff, for example. let's stop the country from going into a recession. >> bill: i won't debate it with everybody. that's what people are talking about today. >> fox is probably leading with that instead of the fiscal cliff. >> bill: they did. >> of course they did. >> bill: i also want to point out that people are talking about and people have been asking me so what do you think that -- in fact, my wife asked me what do you think mitt romney is going to do next? "saturday night live" had a little fun with that. as always. people are looking forward to it. mitt romney is out on his balcony just kind of gazing at the stars trying to figure out what he's going to do next and his son tagg, comes along. >> hello father. >> hello, tagg. >> i'm so very angry father. i wish you could punch america in the face. >> now, now. this is not a time for anger tagg. >> so what's next for you father? >> oh, i don't know. there's so much i want to see and do. i would like to learn how may face is -- mayonnaise is made. >>
fiscal cliff, for example. let's stop the country from going into a recession. >> bill: i won't debate it with everybody. that's what people are talking about today. >> fox is probably leading with that instead of the fiscal cliff. >> bill: they did. >> of course they did. >> bill: i also want to point out that people are talking about and people have been asking me so what do you think that -- in fact, my wife asked me what do you think mitt romney is going to do...